The currency pair Pepe/Tether (PEPE/USDT) moves from the bearish trendline down.
A continuation of the downward movement downwards to the next support level at 0.000011240 will persist.
Caution: A possible counter-trend in the direction of resistance at 0.000012150 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Northern Doji’ candlestick chart pattern is discovered. The candles show ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000014180 |
| 2nd High | 0.000013150 |
| Next High | 0.000012150 |
| Current Price | 0.000011370 |
| Next Low | 0.000011240 |
| 2nd Low | 0.000009710 |
| 3rd Low | 0.000009690 |
0.000012150 – 0.000013150 – 0.000012970 – 0.000011240 – 0.000011660 – 0.000012420 — 40.440481099081 – 36.191255058176
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Northern Doji – –